- I try to follow the MarketRhythm in the 15Min chart.
- I only trade after start European Market
- I never trade after 18:00 (GMT+3)
- I look for CandelStoppers like hammer, Bullish/Bearish engulfing, morning/evening star but always interpreted it with the MarketRhythm.
- If I start a trade I have to force a close after a Market Reversing candle (I find, that's mostly the difficult part...) but also in relation with the MarketRhythm....
- Entry is at least 25% below close of Confirmation Candle (CC)
- TP is around 161,8 Fib or just below the daily ADR (depending on the feeling about the MarketRhythm)
- SL is just below CandleStopper
Monday, June 22, 2020
My TradingPlan
In this blog I try to describe The trades I take
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